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Topic: Save your environmental economic cycle - page 6. (Read 1533 times)

legendary
Activity: 3080
Merit: 1144
January 16, 2023, 05:26:45 PM
#85
Hi, friends.

We are currently in a chaotic phase of global economic uncertainty, everywhere in the world is almost similar to this situation in terms of economy, energy scarcity, food scarcity and many others. but that's not what will be discussed with friends here.

A few days ago I was walking around the housing complex, and I noticed that a lot of grocery stores and other needs (conventional/retailers) had gone bankrupt, maybe this happened because prices were soaring even worse, and people prefer to buy from online stores instead of buying from neighbours, which causes the economy to slow down is undeniably this is the impact of the global economic chaos and technological advances.

If you are a person who has money to shop for daily needs, I suggest you buy from merchants around you instead of shopping online whose stores are far from your place. This must be done to turn the wheels of the economy in your neighbourhood and save them from bankruptcy, at least you give them space to live.
Your intention is good but that would also depend on the choices of the buyer. If he is in a tight budget, then he will surely buy in a big grocery store wherein he can save some money, whereas buying in neighborhood and expect that their goods prices are higher compared to bigger grocery stores. But if it only means for some small amount, maybe a neighborhood store is a good place for that.
full member
Activity: 1050
Merit: 140
January 16, 2023, 02:05:56 AM
#84
If you are a person who has money to shop for daily needs, I suggest you buy from merchants around you instead of shopping online whose stores are far from your place. This must be done to turn the wheels of the economy in your neighbourhood and save them from bankruptcy, at least you give them space to live.
Supporting local businesses, especially during difficult economic times, can have a positive impact on the local economy and community. By buying goods and services from local merchants, you are helping to create jobs and stimulate economic activity in your neighbourhood. You are also right in stating that technological advancements have led to a shift in consumer behaviour, where more and more people are opting to shop online instead of visiting physical stores. This has led to an increase in competition for local retailers and has made it more difficult for them to survive.
At the same time, it's worth noting that online shopping has its own benefits, it can be more convenient, time-saving, and can offer a wider range of products to choose from. In general, balancing between supporting local businesses might work for everyone and taking advantage of the convenience and variety of online shopping. It's also important to be mindful of one's own financial situation and to make informed decisions based on that.
hero member
Activity: 2464
Merit: 585
January 15, 2023, 02:02:31 PM
#83
If you are a person who has money to shop for daily needs, I suggest you buy from merchants around you instead of shopping online whose stores are far from your place. This must be done to turn the wheels of the economy in your neighbourhood and save them from bankruptcy, at least you give them space to live.
Supporting local businesses, especially during difficult economic times, can have a positive impact on the local economy and community. By buying goods and services from local merchants, you are helping to create jobs and stimulate economic activity in your neighbourhood. You are also right in stating that technological advancements have led to a shift in consumer behaviour, where more and more people are opting to shop online instead of visiting physical stores. This has led to an increase in competition for local retailers and has made it more difficult for them to survive.

However, it's important to note that not all people have the luxury of choosing where to shop. Some people may have limited access to transportation or may not have a credit card to make online purchases. Others may not have the disposable income to buy items at higher prices.
hero member
Activity: 1750
Merit: 520
Leading Crypto Sports Betting & Casino Platform
January 15, 2023, 08:50:17 AM
#82
Honestly, I can't help them, because like I said, we're also struggling with inflation and we're trying to save money, how can we help them? While online stores in my area are willing to offer discounts or free shipping, there is no reason for me to buy from more expensive places. It's the local shops that need to change, they can't count on the help of a few neighbors, which doesn't make their business better. That's not the solution.
Every buyer wants to buy goods at low prices and they will exclude whether the product is local goods or purchases online, you may be lucky to live in strategic locations near online stores and free shipping costs, but not all goods are available in online stores, so however we will still do traditional transactions with local shop. I think local shops/sellers should change their sales strategy to compete with online shops and maybe online driving services will help local traders to increase orders for goods delivered to buyers without having to leave the house.

I don't know if there is a difference between countries, I don't think I'm lucky, but I can say online business, and free shipping is significantly developed in my country. Instead of building a big store, costing money to hire employees, renting space, and tax..., they save a lot of things when switching to an online business, so free shipping is normal. Once in business, you need to have a plan and strategy to get customers, not expect customers to come to save you.
legendary
Activity: 2324
Merit: 1101
"CoinPoker.com"
January 14, 2023, 05:21:11 PM
#81
Honestly, I can't help them, because like I said, we're also struggling with inflation and we're trying to save money, how can we help them? While online stores in my area are willing to offer discounts or free shipping, there is no reason for me to buy from more expensive places. It's the local shops that need to change, they can't count on the help of a few neighbors, which doesn't make their business better. That's not the solution.
You are not responsible for it neither. I mean they could make it sound like they are dying because you do not buy from them, but the reality is that they are dying because they are in a business that's long gone and they are trying to fish it out of history.

The reality is that if you could find a lot cheaper products online instead of buying at those shops, then why should you be responsible for keeping them open. And no, it doesn't mean everyone will lose their companies and we will just be looking at amazons of the world to sell, you could always start an online shop, every single day there are new people who start a new business but online, that's the point of it.
sr. member
Activity: 1596
Merit: 335
January 14, 2023, 10:45:18 AM
#80
You can't blame people for being practical since it's really cheaper to order anything online nowadays. However, it's true that this affects some merchants since they will have lesser sales. Most online shops offer free shipping, or even offer their goods cheaper since they can get them directly from suppliers or they don't have to pay any rent for their shop. One of the biggest bookstores in our country is starting to close down its branches because of bankruptcy since most people choose to get their school/office supplies online than go to stores.

Quote
I think local shops/sellers should change their sales strategy to compete with online shops and maybe online driving services will help local traders to increase orders for goods delivered to buyers without having to leave the house.

I agree with this, they should start thinking of a way to compete with online sellers by letting people order goods online through their shop and also offer delivery services. This way they can somehow increase their sales or not lose any customers.
sr. member
Activity: 831
Merit: 286
Binance #Smart World Global Token
January 14, 2023, 10:38:31 AM
#79
Honestly, I can't help them, because like I said, we're also struggling with inflation and we're trying to save money, how can we help them? While online stores in my area are willing to offer discounts or free shipping, there is no reason for me to buy from more expensive places. It's the local shops that need to change, they can't count on the help of a few neighbors, which doesn't make their business better. That's not the solution.
Every buyer wants to buy goods at low prices and they will exclude whether the product is local goods or purchases online, you may be lucky to live in strategic locations near online stores and free shipping costs, but not all goods are available in online stores, so however we will still do traditional transactions with local shop. I think local shops/sellers should change their sales strategy to compete with online shops and maybe online driving services will help local traders to increase orders for goods delivered to buyers without having to leave the house.
hero member
Activity: 2170
Merit: 530
January 14, 2023, 09:30:20 AM
#78
Hi, friends.

We are currently in a chaotic phase of global economic uncertainty, everywhere in the world is almost similar to this situation in terms of economy, energy scarcity, food scarcity and many others. but that's not what will be discussed with friends here.

A few days ago I was walking around the housing complex, and I noticed that a lot of grocery stores and other needs (conventional/retailers) had gone bankrupt, maybe this happened because prices were soaring even worse, and people prefer to buy from online stores instead of buying from neighbours, which causes the economy to slow down is undeniably this is the impact of the global economic chaos and technological advances.

If you are a person who has money to shop for daily needs, I suggest you buy from merchants around you instead of shopping online whose stores are far from your place. This must be done to turn the wheels of the economy in your neighbourhood and save them from bankruptcy, at least you give them space to live.
Hmmm I think it will depends on how convenient the things are for you. It's not all because of the money, we all know that time is more precious and expensive than money, I admit that I want to buy goods to those local merchants here in our place but the thing is it is an hour away from here where supermarket is near than that place. Also, some goods in here are cheaper than to those sellers we have enough money to buy but still we're in inflation we I'll choose what will fits us in the long run. When this inflation ended, I will surely support locals as well especially for fruits and vegetables.
hero member
Activity: 1750
Merit: 520
Leading Crypto Sports Betting & Casino Platform
January 14, 2023, 05:38:01 AM
#77
Okay, maybe most people complain about conventional stores because the prices offered are higher than the prices offered by online stores, it's natural for you to be in a situation like now, economic turmoil occurred in various industrial sectors and was accompanied by inflation. definitely looking for the best price to save money in the current circumstances.
After I read the book a few days ago, it turned out that it is normal for a business to be disrupted by new innovations and if for business people to be unable to balance or adapt to changing times.

It's true, the stores in my area all sell at a higher price than the online stores, and we all try to save as much as we can, so it's difficult to support the stores close to home. We are also in financial difficulty, how can we help someone, and if we were in that situation, I don't think they would help us either.
Those grocery stores should change to catch up with the trend, or else they will soon be eliminated, that's the law of business. No one can help them except themselves.

We live in the province, so online stores are much more expensive because we have to pay for shipping, but local stores are much cheaper, which is why we mostly buy it directly because we can see the actual product, unlike online, but there are some products that are not available, so we have to buy it online. But it is better to support local products as first, it can boost your own economy, and second, you can help locals with their products.

Honestly, I can't help them, because like I said, we're also struggling with inflation and we're trying to save money, how can we help them? While online stores in my area are willing to offer discounts or free shipping, there is no reason for me to buy from more expensive places. It's the local shops that need to change, they can't count on the help of a few neighbors, which doesn't make their business better. That's not the solution.
sr. member
Activity: 490
Merit: 302
Enterapp Pre-Sale Live
January 14, 2023, 01:00:26 AM
#76
It's true, the stores in my area all sell at a higher price than the online stores, and we all try to save as much as we can, so it's difficult to support the stores close to home. We are also in financial difficulty, how can we help someone, and if we were in that situation, I don't think they would help us either.
Those grocery stores should change to catch up with the trend, or else they will soon be eliminated, that's the law of business. No one can help them except themselves.
in the area where I live, the government continues to buy goods from neighboring stalls so that the wheels of the economy between residents continue to run. Besides that, he also recommends buying local products made by the nation's children, whose quality is no less than foreign production. that way economic growth will develop.

it's true as you said, sometimes the price is very much different from online stores. however, we will get our own satisfaction if we shop directly at offline stores.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
January 13, 2023, 07:41:58 PM
#75
Okay, maybe most people complain about conventional stores because the prices offered are higher than the prices offered by online stores, it's natural for you to be in a situation like now, economic turmoil occurred in various industrial sectors and was accompanied by inflation. definitely looking for the best price to save money in the current circumstances.
After I read the book a few days ago, it turned out that it is normal for a business to be disrupted by new innovations and if for business people to be unable to balance or adapt to changing times.

It's true, the stores in my area all sell at a higher price than the online stores, and we all try to save as much as we can, so it's difficult to support the stores close to home. We are also in financial difficulty, how can we help someone, and if we were in that situation, I don't think they would help us either.
Those grocery stores should change to catch up with the trend, or else they will soon be eliminated, that's the law of business. No one can help them except themselves.
They won’t be building business in the first place if they are not capable to sustain their sales despite of the competition found online. So they should set initiatives for that, otherwise they will end up in bankruptcy and forced to close their stores. The economic downturn we have at the moment is only temporary, but if you won’t take actions on this, probably you will be doom forever.
full member
Activity: 1498
Merit: 132
BK8 - Most Trusted Gambling Platform
January 13, 2023, 05:46:57 PM
#74
During the pandemic, I also saw many businesses go out of business because of it, in various places, in various businesses. And thankfully now, conditions are getting better and many more businesses are starting to run again with more leverage.

If you are a person who has money to shop for daily needs, I suggest you buy from merchants around you instead of shopping online whose stores are far from your place. This must be done to turn the wheels of the economy in your neighbourhood and save them from bankruptcy, at least you give them space to live.
Related to this, I have several considerations, between agreeing and not. To agree, because by buying daily needs at shops near our house, we can simultaneously help maintain the continuity of their business, even if it's small. But unfortunately, there may be several factors why someone sometimes chooses to shop at stores that are farther away, bigger, or online than shopping at home. sometimes it's a matter of many different prices, completeness, and also convenience in shopping. However, if the price does not differ much and is complete and convenient for shopping at a store near you, why not?
hero member
Activity: 3038
Merit: 647
January 13, 2023, 05:43:04 PM
#73
Okay, maybe most people complain about conventional stores because the prices offered are higher than the prices offered by online stores, it's natural for you to be in a situation like now, economic turmoil occurred in various industrial sectors and was accompanied by inflation. definitely looking for the best price to save money in the current circumstances.
After I read the book a few days ago, it turned out that it is normal for a business to be disrupted by new innovations and if for business people to be unable to balance or adapt to changing times.

It's true, the stores in my area all sell at a higher price than the online stores, and we all try to save as much as we can, so it's difficult to support the stores close to home. We are also in financial difficulty, how can we help someone, and if we were in that situation, I don't think they would help us either.
Those grocery stores should change to catch up with the trend, or else they will soon be eliminated, that's the law of business. No one can help them except themselves.
Right. It’s not that customers will adjust just because they are our neighborhood, the store owner alone should also initiate ways so he can cope up with the competition in business. Or he can also sell online using his items, but most likely in a cheaper price too as most of online items are not totally costly. However, if there are options too that we can help them, that would be great, but for now everyone is affected with this inflation, so we should always be responsible for our own survival.
legendary
Activity: 2338
Merit: 1124
January 13, 2023, 05:18:04 PM
#72
Okay, maybe most people complain about conventional stores because the prices offered are higher than the prices offered by online stores, it's natural for you to be in a situation like now, economic turmoil occurred in various industrial sectors and was accompanied by inflation. definitely looking for the best price to save money in the current circumstances.
After I read the book a few days ago, it turned out that it is normal for a business to be disrupted by new innovations and if for business people to be unable to balance or adapt to changing times.
It's true, the stores in my area all sell at a higher price than the online stores, and we all try to save as much as we can, so it's difficult to support the stores close to home. We are also in financial difficulty, how can we help someone, and if we were in that situation, I don't think they would help us either.
Those grocery stores should change to catch up with the trend, or else they will soon be eliminated, that's the law of business. No one can help them except themselves.
I agree, it's just not possible because I could buy some stuff as little as half the price, even less if it's clothing when I am shopping online. The clothing store near me sells a basic shirt for 39.99 for example, and the online shop sells it for as cheap as 5.99, and usually for 9.99, tell me that difference doesn't bother you and I won't believe you.

I have bought 5-6 shirts recently that's why it was my example and the shirts that came to me which was so cheap, turned out out to be good quality as well, not like it is a terrible thing, it's a basic black shirt and that's it, nothing more and it was still high quality. That's why there is no way I would support local and stop online shopping.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
January 13, 2023, 04:57:26 PM
#71
We live in the province, so online stores are much more expensive because we have to pay for shipping, but local stores are much cheaper, which is why we mostly buy it directly because we can see the actual product, unlike online, but there are some products that are not available, so we have to buy it online. But it is better to support local products as first, it can boost your own economy, and second, you can help locals with their products.
I live in an area that can be called remote but actually has the opposite story from you.
Maybe for food items and daily needs it is slower and shipping costs are also a bit of a hassle but for secondary needs I think online shops are better especially looking at some of the ecomers now that seem to be competing for a better position lots of people always make deliveries with free shipping there.
This variation differs based on location. In my own area retail stores are much cheaper than online stores, but the only disadvantage with retail stores is limited variety of goods. Online stores are more expensive because shipping fee is always included, but they are many alternative options to chose from. In my area online stores are majorly affiliated and so many affiliates sell their product on a particular store at their own price making it more expensive than retail store.
hero member
Activity: 2912
Merit: 613
January 13, 2023, 04:15:31 PM
#70
Hi, friends.

We are currently in a chaotic phase of global economic uncertainty, everywhere in the world is almost similar to this situation in terms of economy, energy scarcity, food scarcity and many others. but that's not what will be discussed with friends here.

A few days ago I was walking around the housing complex, and I noticed that a lot of grocery stores and other needs (conventional/retailers) had gone bankrupt, maybe this happened because prices were soaring even worse, and people prefer to buy from online stores instead of buying from neighbours, which causes the economy to slow down is undeniably this is the impact of the global economic chaos and technological advances.

If you are a person who has money to shop for daily needs, I suggest you buy from merchants around you instead of shopping online whose stores are far from your place. This must be done to turn the wheels of the economy in your neighbourhood and save them from bankruptcy, at least you give them space to live.
I don’t think people will just settle on buying from retail stores most of the time because obviously, it’s not helping them to save. Even people with money, they are mostly buying from big companies so they can maximize stocking some goods for future use and that will save not just money but time and effort too. Although online buying is also the trend right now, but that is how the pandemic has taught us to just stay at home and order online, since the items are cheaper in prices too.
hero member
Activity: 3010
Merit: 604
January 13, 2023, 02:58:34 PM
#69
It's mostly about moral.

Customers and suppliers has a different goal, so they both will have a conflict. A customer will want the best product with the lowest price, while a supplier will want to get a income with the lowest cost. You can't blame if there's a customer don't want to buy from retailers since they don't have a lot money and want to use their money to invest or other thing.

Actually those retailers need to lower their price if they want to compete against a big company.
Helping others to let their business stay longer is really good, but how can you extend your help if you are also struggling budgeting your funds? So you have to buy items in their lowest price possible, as long as they’re not expired and as long as the brand is good enough. Although not in general, but most of the small store owners are also overpricing their goods that’s why people would never want to buy from them, instead just order online so they can still save some money that can be used to buy other items too.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
January 13, 2023, 01:35:58 PM
#68
We live in the province, so online stores are much more expensive because we have to pay for shipping, but local stores are much cheaper, which is why we mostly buy it directly because we can see the actual product, unlike online, but there are some products that are not available, so we have to buy it online. But it is better to support local products as first, it can boost your own economy, and second, you can help locals with their products.
I live in an area that can be called remote but actually has the opposite story from you.
Maybe for food items and daily needs it is slower and shipping costs are also a bit of a hassle but for secondary needs I think online shops are better especially looking at some of the ecomers now that seem to be competing for a better position lots of people always make deliveries with free shipping there.
hero member
Activity: 2352
Merit: 593
January 13, 2023, 01:10:37 PM
#67
Okay, maybe most people complain about conventional stores because the prices offered are higher than the prices offered by online stores, it's natural for you to be in a situation like now, economic turmoil occurred in various industrial sectors and was accompanied by inflation. definitely looking for the best price to save money in the current circumstances.
After I read the book a few days ago, it turned out that it is normal for a business to be disrupted by new innovations and if for business people to be unable to balance or adapt to changing times.

It's true, the stores in my area all sell at a higher price than the online stores, and we all try to save as much as we can, so it's difficult to support the stores close to home. We are also in financial difficulty, how can we help someone, and if we were in that situation, I don't think they would help us either.
Those grocery stores should change to catch up with the trend, or else they will soon be eliminated, that's the law of business. No one can help them except themselves.

We live in the province, so online stores are much more expensive because we have to pay for shipping, but local stores are much cheaper, which is why we mostly buy it directly because we can see the actual product, unlike online, but there are some products that are not available, so we have to buy it online. But it is better to support local products as first, it can boost your own economy, and second, you can help locals with their products.
hero member
Activity: 1750
Merit: 520
Leading Crypto Sports Betting & Casino Platform
January 13, 2023, 09:46:39 AM
#66
Okay, maybe most people complain about conventional stores because the prices offered are higher than the prices offered by online stores, it's natural for you to be in a situation like now, economic turmoil occurred in various industrial sectors and was accompanied by inflation. definitely looking for the best price to save money in the current circumstances.
After I read the book a few days ago, it turned out that it is normal for a business to be disrupted by new innovations and if for business people to be unable to balance or adapt to changing times.

It's true, the stores in my area all sell at a higher price than the online stores, and we all try to save as much as we can, so it's difficult to support the stores close to home. We are also in financial difficulty, how can we help someone, and if we were in that situation, I don't think they would help us either.
Those grocery stores should change to catch up with the trend, or else they will soon be eliminated, that's the law of business. No one can help them except themselves.
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